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2069 Summit View Rd
Powell, OH 43065
Kiddie Academy · Retail Property For Sale


Investment Highlights
- Absolute NNN Lease with zero landlord responsibilities.
- Powell is one of the most affluent and fastest growing suburbs in the Columbus MSA with an average household income over $144,000.
- Kiddie Academy is one of the leading early childcare operators with over 360 locations across the country and 45 years in business.
- 20 year lease term with 2% annual increases.
- Multi-unit operator with 10+ years of experience.
Executive Summary
Transwestern is pleased to present the opportunity to acquire a fee simple interest in a newly structured sale-leaseback occupied by Kiddie Academy in Powell, Ohio, one of the most affluent and fastest-growing suburbs within the Columbus MSA. The property is secured by a new 20-year absolute NNN lease featuring 2% annual rent increases, providing investors with a long-term, inflation-hedged income stream and zero landlord responsibilities. The offering is backed by an experienced multi-unit operator. The 8,072-square-foot childcare facility is situated on 1.49 acres within a dense and affluent residential trade area that supports strong demand for early childhood education services. The immediate market area features average household incomes exceeding $144,000 and a population of more than 210,000 residents within a five-mile radius, with continued projected growth through 2030. Powell's strong demographics, highly rated schools, and proximity to downtown Columbus have made it one of Central Ohio's most desirable suburban communities. Coupled with the strength of the Kiddie Academy brand, which operates more than 360 locations nationwide, the offering presents investors with a compelling combination of stable cash flow, favorable rent growth, and long-term real estate appreciation potential.
Broker of Record:
Rich Russo Realty & Co
OH Lic# BRKP.0700427811
Broker of Record:
Rich Russo Realty & Co
OH Lic# BRKP.0700427811
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,072 SF
Building Class
B
Year Built
2006
Price
$3,607,367 CAD
Price Per SF
$446.90 CAD
Cap Rate
7.50%
NOI
$270,553 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.49 AC
Parking
22 Spaces (2.73 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $245,816 CAD | |
| Land Assessment | $209,444 CAD | Total Assessment | $455,260 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$209,444 CAD
Improvements Assessment
$245,816 CAD
Total Assessment
$455,260 CAD
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